SÃO PAULO, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (Nasdaq: LVRO), the first U.S.-listed pure-play agricultural inputs retailer in Latin America, today announced the establishment of a new R$310 million (approximately USD$55 million based on current exchange rates) credit facility with a three-year term, financed through a new Agribusiness Credit Rights Investment Fund (FIDC-Fiagro). The newly established Lavoro Agro Fundo de Investimentos nas Cadeias Produtivas Agroindustriais (FIDCFiagro), establ ...

In a release issued under the same headline earlier this afternoon by Lavoro Limited (Nasdaq: LVRO, LVROW), please note that this version corrects various financial figures to align with the 6-K that was filed this afternoon. The corrected release follows: SÃO PAULO, June 03, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (Nasdaq: LVRO, LVROW), the first U.S. listed pure-play agricultural inputs retailer in Latin America, today announced its financial results for the fiscal third quarter of 2024, which ended on Ma ...

9 10 8 Reconciliation of Adjusted EBITDA and Adjusted Net Profit (Loss) | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------------------|---------|----------------------------------|---------------------|----------------------------------------------|--------|--------|----------------------------------------------|-------------| | Consolidated Results | | (in millions of Brazilian reais) | Results in BRL \n | 3Q23 3Q24 9M23 9M24 3Q23 3Q24 9M23 9M24 | ...

Lavoro Limited (NASDAQ:LVRO) Q3 2024 Earnings Conference Call June 3, 2024 6:00 PM ET Tigran Karapetian - Head, IR Ruy Cunha - CEO Julian Garrido - CFO Kristen Owen - Oppenheimer Rahi Parikh - Barclays Company Participants Conference Call Participants Operator Welcome to Lavoro's Fiscal Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. [Operator Instructions] A question-and-answer session will follow the formal presentation. Please note that this conferen ...

Lavoro Limited (LVRO) came out with a quarterly loss of $0.52 per share versus the Zacks Consensus Estimate of $0.04. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1,400%. A quarter ago, it was expected that this company would post earnings of $0.12 per share when it actually produced earnings of $0.02, delivering a surprise of -83.33%. Over the last four quarters, the company has not been ab ...

3Q24 revenue grew 6% to $514.2 million. Growth was driven by continued market share gains and volume growth, which mitigated ongoing deflation in input prices throughout Brazil and Colombia. Gross profit decreased -16% to $60.2 million. Gross margins narrowed by -310 basis points to 11.7%, primarily due to the ongoing input price deflation and a less favorable sales mix resulting from a greater proportion of low margin Grain revenue. The Crop Care segment remained a strong performer, with revenue rising 30% ...

3Q24 revenue grew 6% to $514.2 million. Growth was driven by continued market share gains and volume growth, which mitigated ongoing deflation in input prices throughout Brazil and Colombia. Gross profit decreased -16% to $60.2 million. Gross margins narrowed by -310 basis points to 11.7%, primarily due to the ongoing input price deflation and a less favorable sales mix resulting from a greater proportion of low margin Grain revenue. The Crop Care segment remained a strong performer, with revenue rising 30% ...

SÃO PAULO, Brazil, May 24, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (Nasdaq: LVRO; LVROW), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal third quarter 2024 after market close on Monday, June 3, 2024. Lavoro management will host a conference call and audio webcast that afternoon at 6:00 p.m. ET (7:00 p.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Third Quarter 2024 Earnings Conference Call Event Date: Monday ...

SÃO PAULO, Brazil, May 24, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (Nasdaq: LVRO; LVROW), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal third quarter 2024 after market close on Monday, June 3, 2024. Lavoro management will host a conference call and audio webcast that afternoon at 6:00 p.m. ET (7:00 p.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Third Quarter 2024 Earnings Conference Call Event Date: Monday ...

SÃO PAULO, Brazil, May 10, 2024 (GLOBE NEWSWIRE) -- Lavoro (NASDAQ:LVRO), the first U.S.-listed pure-play agricultural inputs distributor in Latin America, will participate in the BMO Global Farm to Market Conference in New York, NY, on May 15-16, 2024. Ruy Cunha, Chief Executive Officer, will participate on a panel titled "AgTech Disruption Across the Farming Value Chain", on Wednesday, May 15, 2024 at 2:00 pm ET. Mr. Cunha will also host a presentation on Thursday, May 16, 2024 at 8:45 am ET. Management w ...